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Speaker 1: Live from Our Nation's how do we reopen this economy?

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Speaker 1: The latest on how this pandemic is impacting farmers. What

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Speaker 1: does this do from the United States relationship with China

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Speaker 1: Bloomberg Sound On, the Insiders, the influencers, the inside. We're

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Speaker 1: responding to this crisis and manufacturers are stepping up like

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Speaker 1: never before. You're looking at Beebany Kennedy for different vaccines.

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Speaker 1: How do we make sure a pandemic of this scale

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Speaker 1: never happens again? This is Bloomberg Sound On with Kevin

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Speaker 1: Surrelate on Bloomberg and one oh five point seven F

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Speaker 1: M h D two Lots to get to President Trump

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Speaker 1: says that Secretary of State Mike Pompeo had him try

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Speaker 1: recommended to have fire the H the I G. But

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Speaker 1: then he's saying that he's on hydroxic glory. So lots

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Speaker 1: to come from from what we got to break down

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Speaker 1: justin Sinker White House Reporter. He's gonna help us navigate

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Speaker 1: through the headlines coming out of President Trump's White House.

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Speaker 1: Plus f cher J. Powe warning of a Slover coovery.

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Speaker 1: It's gonna be a Nike swoosh, not a U curve

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Speaker 1: and Nike swoosh that's what the economists are saying. He

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Speaker 1: was on sixty minutes. He'll be on well, I guess

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Speaker 1: he's not technically gonna be on Capitol Hill. He's gonna

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Speaker 1: testify virtually before the Senate Banking Committee tomorrow along with

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Speaker 1: Treasury Secretary Venusian. I'll give you a complete preview of that.

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Speaker 1: Uh and I did an interview with Susan Lund over

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Speaker 1: at Mackenzie and I want you guys to hear it

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Speaker 1: because it is remarkable the data that's coming out of

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Speaker 1: here and just the positioning of of what to make

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Speaker 1: of this now recovery that they're saying, well, won't be

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Speaker 1: kicked started until until next calendar year. We're gonna we're

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Speaker 1: gonna dive into the full recap of FED share J Powell,

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Speaker 1: who says that the FED is going to be using

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Speaker 1: the full range of tools to support the economy. He

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Speaker 1: made those comments and prepared remarks released late earlier today

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Speaker 1: ahead of the virtual hearing before the Senate Banking Committee tomorrow.

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Speaker 1: He goes on to say in these comments, quote, we

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Speaker 1: expect to me retain interest rates at this level until

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Speaker 1: we are confident that the economy has weathered recent events

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Speaker 1: and is on track to achieve our maximum employment, employment,

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Speaker 1: and price stability goals. But he's not. He doesn't like

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Speaker 1: the negative interest rates that President Trump wants to have.

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Speaker 1: You know, the Fed share gave an interview to CBS

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Speaker 1: is sixty minutes that aired on Sunday. Did you see that?

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Speaker 1: It was? It was fascinating. Anytime the Fed shairs on

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Speaker 1: does a national interview like that, it's remarkable to see,

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Speaker 1: just because before all this started it was so rare. Uh.

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Speaker 1: He's told sixty minutes, quote, we're not out of ammunition

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Speaker 1: by a long shot. We can enlarge our existing lending

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Speaker 1: programs and we can start new lending programs if need be. Well, folks,

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Speaker 1: we just don't know precisely what those tools are going

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Speaker 1: to be. I'm sure lawmakers are going to ask him

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Speaker 1: about it tomorrow. Now, let's get to the White House.

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Speaker 1: Joining us on the telephone line Bluebird White House reporter

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Speaker 1: Justin Sink Justin President Trump making a ton of headlines

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Speaker 1: this after dude that uh that that he's on haydroxy chlorine.

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Speaker 1: I saw this on Twitter because I was prepping for

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Speaker 1: the show. He's on haydroxy chlorine. What's going on? Yeah,

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Speaker 1: So towards the end of this meeting with restaurant executives today,

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Speaker 1: the President was actually asked a question about whistleblowers, and

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Speaker 1: we meandered down a couple of different avenues as as

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Speaker 1: he has wanted to do, and uh said at the

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Speaker 1: end that that for about a week and a half

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Speaker 1: he has been taking hydroxy chloroquine, which is the malaria drug.

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Speaker 1: Maybe I should say it right, but I've always said,

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Speaker 1: but drop the chloroquine. I apologized. I promise that I

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Speaker 1: know what it is. Go ahead, Yeah, but it's this

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Speaker 1: experimental malaria drug that that there's some anecdotal evidence that

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Speaker 1: it's been effective in either preventing or helping speed recovery

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Speaker 1: from covid. UH. So, the President said that that you know,

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Speaker 1: he's taking that he's taking the zinc he's taking or

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Speaker 1: took a treatment of zpec just kind of a broad

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Speaker 1: spectrum antibiotic. These are the different treatments that are sort

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Speaker 1: of under review right now. But what's remarkable is that

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Speaker 1: he did so even though there has not yet been

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Speaker 1: sort of hard scientific evidence that those treatments are effective

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Speaker 1: in fighting or preventing UH covid. And there are some

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Speaker 1: you know, warning signs that it could be uh detrimental

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Speaker 1: to health, especially for for folks with hard conditions. But

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Speaker 1: the President said, you know, he had heard a lot

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Speaker 1: of good things. He went to the White House doctor

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Speaker 1: said he wanted to take it, and the doctor signed

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Speaker 1: off on it. So, um, he started about a week

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Speaker 1: and a half ago. And that's when, as you might remember,

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Speaker 1: Katie Miller, who's the Vice President Pence's press secretary, tested

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Speaker 1: positive for coronavirus when she came into the White House.

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Speaker 1: He doesn't have coronavirus. Yeah, he says that he's tests negative,

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Speaker 1: that he has no symptoms. But you know, there again

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Speaker 1: is some anecdotal evidence or stories out there that that

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Speaker 1: um hydroxy clark when might be helping frontline workers, uh

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Speaker 1: prevent themselves from from catching the disease. Again, no scientific

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Speaker 1: evidence to prove that, but the President seems to be

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Speaker 1: interested in the possibility and what's going on, what's going

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Speaker 1: on with the watchdog. So that that was the original question.

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Speaker 1: Not this a droxicler By the way, I never pretended

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Speaker 1: to be a doctor. Go ahead, we haven't talked about

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Speaker 1: how droxic cleric went on this show. I've just been

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Speaker 1: freaking about it. Because we're an economy show. But go ahead,

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Speaker 1: justin what's going on with the Pompeio watchdog. Yeah, So,

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Speaker 1: late Friday night, UM, the President fired the State Department

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Speaker 1: inspector General, which is the fourth inspector general that he's

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Speaker 1: removed since April UM. And in the interim, we learned

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Speaker 1: from from Democrats on Capitol Hill their concerns that that

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Speaker 1: he was pursuing two lines of inquiry. One was that

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Speaker 1: the Secretary Pompeio may have been using State Department staffers

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Speaker 1: to do personal tasks like grabbing his laundry or um

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Speaker 1: dry cleaning and stuff like that, UH, or walking his dog,

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Speaker 1: all sorts of personal tasks. The second, and a little

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Speaker 1: more substantively, is that that the administration may have been

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Speaker 1: trying to subvert an Act of Congress that that was

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Speaker 1: restricting arms sales to Saudi Arabia over the conflict in Yemen.

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Speaker 1: There's been accusations of human rights abuses being sort of

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Speaker 1: carried out through the use of American missiles and other arms.

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Speaker 1: And so apparently both these investigations were going on at

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Speaker 1: the point where Mike Pompeo and Trump explained this to

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Speaker 1: us today, UH came to Trump and said that he

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Speaker 1: wanted to inspect your general removed. President Trump did not

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Speaker 1: seem concerned by either of these developments. I asked him

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Speaker 1: about them both. He said, uh, he'd rather have somebody

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Speaker 1: at the State Department like walking my Pompeo's dog if

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Speaker 1: he was on a important called, you know, conducting foreign

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Speaker 1: policy with somebody like Kim Jongoon. Uh, So that didn't

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Speaker 1: seem to concern him. And on the Saudi issue the

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Speaker 1: press and said he wasn't really aware of what was

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Speaker 1: going on there. And so it doesn't seem like Mike

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Speaker 1: Pompeos in any amount of trouble. Yeah, listen, I want

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Speaker 1: to echo that because I don't think he's in any

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Speaker 1: trouble either, and based upon the sources that I talked to,

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Speaker 1: and and mind you can we just call a spade

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Speaker 1: a spade here for a second. Every single aid, I'm sorry,

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Speaker 1: every single principle on both sides of the aisle. I

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Speaker 1: don't care if you're Hillary Clinton or Mike Pompeo has

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Speaker 1: staffers that that helped them out. I mean, and that's

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Speaker 1: just not unique to Washington, d C. I mean, look, no,

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Speaker 1: I mean, Amy Colbatchar, we've heard about her stories, but

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Speaker 1: also CEOs have that as well. I mean, so is

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Speaker 1: this rare? I don't I don't think that this is rare.

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Speaker 1: That that what's in the zeitgeist about the staff or

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Speaker 1: do you I think that, uh, there are rules within department.

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Speaker 1: You and I both know, my friend that they all

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Speaker 1: have people who helped them out come on on both

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Speaker 1: sides and so and in the same on Wall Street.

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Speaker 1: I would not say that the dog walking is the

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Speaker 1: biggest the the bigger of the two issues here, that

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Speaker 1: perhaps subverting Congress as well by lately selling ABIA would

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Speaker 1: be a slightly bigger deal. Stocks like justin sink we

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Speaker 1: gotta leave it there, we run outside, but thank you

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Speaker 1: so much, justin Sinc. Bloomberg White House Reporter, and mind you,

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Speaker 1: stocks jump the most in almost six weeks and oil gains.

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Speaker 1: Let's just get ahead of the Bloomberg terminal right now.

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Speaker 1: Stocks surged the most in almost six weeks after promising

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Speaker 1: early results for an experimental vaccine sparked speculation economies could

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Speaker 1: snap back quickly. Crude oil advanced, and yields on treasuries rose.

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Speaker 1: The SMP five hundred search three point two per cent.

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Speaker 1: After Madern has said it's vaccine tests yielded signs that

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Speaker 1: it can create an immune system response in the body. Optimism, folks,

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Speaker 1: Let's start the week with some optimism. Optimism. I'm Kevin Sirelli,

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Speaker 1: Chief Washington correspondent for Bloomberg TV and for Bloomberg Radio.

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Speaker 1: Coming up next. We died headfirst into that recovery with

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Speaker 1: Susan Lund of Mackenzie. You're listening to Bloomberg one. This

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Speaker 1: is Bloomberg Sound On with Kevin Sirel on Bloomberg and

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Speaker 1: one oh five point seven h D two. I'm Kevin Curreli,

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Speaker 1: Chief Washington correspondence of Bloomberg TVM Radio. Do you see

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Speaker 1: this on the Bloomberg terminal? Automated grocery warehouses could be

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Speaker 1: the future for strip malls. What are they gonna do

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Speaker 1: with all those malls? You know, they're saying retail of everyone.

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Speaker 1: You know, it's the the changing economy and things aren't

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Speaker 1: structural changes happening with in every sector? Uh? Also, I guess,

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Speaker 1: according to Max Ray's reporting on the Bloomberg Terminal, strip

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Speaker 1: mall landlord should consider building automated warehouses for grocery store

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Speaker 1: tenants to capitalize on the newfound demand for online delivery

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Speaker 1: brought on by the coronavirus pandemic. According to a bt

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Speaker 1: I G l l C. Note, they're a big, you

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Speaker 1: know firm that does the shopping malls. So it's gonna

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Speaker 1: be fascinating. And how how we rebuild. It's one thing

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Speaker 1: to rebuild, it's one thing to reopen, but we might

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Speaker 1: have to remake. And the point of Max's story is

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Speaker 1: that if you look at all of the real estate

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Speaker 1: for shopping malls all across the country, those are great

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Speaker 1: infrastructures and great supply chains potentially for how America eats,

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Speaker 1: how America gets its products. All of that could be

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Speaker 1: a legacy, one of the many legacies besides temperature checks

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Speaker 1: and plexiglass and masks, the masks UH, the automated grocery

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Speaker 1: UH warehouses biggest SMP five hundred bulls signals seen embottoming

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Speaker 1: earnings revisions. It was a good day on the market.

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Speaker 1: Hard to see shift in how Wall Street views the

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Speaker 1: future of the SMP five hundred profits may have set

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Speaker 1: the stage for days like today, According to Lou Wang

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Speaker 1: on the terminal, when stocks are rising the most in

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Speaker 1: nearly three weeks and earning expectations continue to embed a

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Speaker 1: world of pain for demand depleted companies. Projections on the

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Speaker 1: scope of the disaster have recently undergone a mild easing,

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Speaker 1: going by analysts estimate. It really is remarkable. Well to

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Speaker 1: see the positive market UH fluctuations in the in the

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Speaker 1: past for today and the optimism on the market up

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Speaker 1: on the street and they're going to be reopening at

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Speaker 1: the end of the month. The stock exchange floors, and

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Speaker 1: then you read an article about, you know, the heartland

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Speaker 1: and how the supply chains are changing with regards to

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Speaker 1: automated grocery warehouses. All of this has fed Chair J.

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Speaker 1: Powell and Treasury Secretary re Monution are going to testify tomorrow.

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Speaker 1: It's like we're swimming in this dizzying array of economic

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Speaker 1: data and no one can make sense of it. And

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Speaker 1: that's why I was so grateful UH to be able

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Speaker 1: to speak with earlier today. As as we continue our

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Speaker 1: conversations with her Susan Lund, and Susan, of course, is

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Speaker 1: one of the partners at McKenzie and Washington d c

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Speaker 1: S office. Take a listen to my conversation. Well, we

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Speaker 1: know for sure that we're gonna have a different set

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Speaker 1: of activities as we come back, some things like commercial

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Speaker 1: air trouble may not return to what they were for

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Speaker 1: many many years, and associated with that could be things

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Speaker 1: like hospitality, the oil and gas sectors going through a

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Speaker 1: shock having to do with an opeque agreement. So on

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Speaker 1: the other hand, we know that healthcare delivery, public health services,

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Speaker 1: pharmaceuticals or these things are going to be in more

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Speaker 1: of a demand. So in every recession you see some

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Speaker 1: shift in the mix of activities within an economy, but

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Speaker 1: coming out of COVID, I think it's going to be

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Speaker 1: a much greater shift than anything we've seen before. And

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Speaker 1: we know yet how consumer spending is going to be

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Speaker 1: impacted in the short term. Well, what we know is

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Speaker 1: at the moment, consumers aren't spending that when we work

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Speaker 1: from home, we don't spend on pretty much anything except groceries. Um.

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Speaker 1: As the economy starts to come back, though, I think

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Speaker 1: they're going to be real question marks over what the

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Speaker 1: new normal will be for consumer behavior. How quickly are

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Speaker 1: people going to want to go back to large sporting

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Speaker 1: events or concerts or entertainment venues, um to what extent

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Speaker 1: will some people continue working from home and then that

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Speaker 1: changes your wardrobe and you're spending patterns around UM, food

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Speaker 1: service and transportation UM. Another question is about the shift

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Speaker 1: to digital. So what we see now, just like we're

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Speaker 1: doing these interviews from home via Skype, we know that

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Speaker 1: people are doing telemedicine, online learning, streaming, entertainment, and some

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Speaker 1: redays that we've done at McKenzie suggests that a lot

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Speaker 1: of that behavior maybe what we call sticky, meaning it

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Speaker 1: may persist. Yes, there will be some drop off when

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Speaker 1: we can all go out, but some of it is

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Speaker 1: likely to be a permanent shift towards digital channels. One

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Speaker 1: of the studies at McKenzie actually looked at specific states.

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Speaker 1: What were some of the hardest hit states by this. Well,

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Speaker 1: we've did a lot of looking at who's vulnerable in

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Speaker 1: jobs and what you find is this can be either

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Speaker 1: because their job in establishments that were shut down during

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Speaker 1: the stay at home measures or in industries where demand

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Speaker 1: is just lower, like commercial air travel or manufacturing for

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Speaker 1: different types of goods UM. The states that are hardest

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Speaker 1: hit are a little bit surprising. It's really those that

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Speaker 1: rely on travel and tourism, places like Nevada to a

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Speaker 1: less RoCE extent Florida that saw the biggest job losses

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Speaker 1: just because of the predominance of tourism and related industries

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Speaker 1: in their economies. Is there is there any impact yet

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Speaker 1: on how states that have reopened or decided to reopen

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Speaker 1: more quick Has that had a more positive economic impact

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Speaker 1: or do they put themselves at risk for a more

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Speaker 1: negative impact in the fall. Well, we do expect a

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Speaker 1: positive short term economic impact, for sure, and you can

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Speaker 1: look at pictures of people out on the beach and

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Speaker 1: so on and know that they're spending money. Um. Now,

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Speaker 1: what we don't know is the extent to which there

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Speaker 1: could be a resurgence of the virus because of reopening.

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Speaker 1: And it'll take three to four weeks after reopening before

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Speaker 1: we start to see the case numbers take up, and

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Speaker 1: hopefully we won't. But we are in the midst of

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Speaker 1: an experiment about the extent to which we can reopen

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Speaker 1: without retriggering the virus. Globally, where does the United States

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Speaker 1: rank in terms of how its economy will be positioned

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Speaker 1: post pandemic. Well, and the US economy is in for

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Speaker 1: we're in the midst of a massive shop. We're in

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Speaker 1: for a drop in economic activity in the second quarter

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Speaker 1: that we haven't seen since the Great depression of the

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Speaker 1: nineteen thirties. UH Europe is in a similar position. Asian

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Speaker 1: countries are actually doing better. The US is not doing

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Speaker 1: as well there and that's I think is because they

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Speaker 1: had to go through the Stars virus fifteen years ago,

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Speaker 1: and so they had some of the public health measures

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Speaker 1: and testing and they were used to wearing face masks,

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Speaker 1: and they jumped on this virus quickly and really suppressed it.

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Speaker 1: So in that regard, the US is taking a much

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Speaker 1: bigger hit than for instance, Singapore, Hong Kong, South Korea,

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Speaker 1: China is. But coming out I would hope that the

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Speaker 1: dynamism of the US economy and the diversity, and frankly

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Speaker 1: the geographic diversity is going to play to our strength.

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Speaker 1: And every state is making up their own policies and

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Speaker 1: we're gonna be able to see what works better, what

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Speaker 1: doesn't work so well. That was my interview with Susan

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Speaker 1: Lund earlier today for Bloomberg Television, and she is a

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Speaker 1: Mackenzie partner in the Washington, d C. She's a partner

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Speaker 1: at McKenzie and Company, the leader of the Mackenzie Global

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Speaker 1: Institute based in Washington, d C. And a fascinating conversation,

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Speaker 1: a fascinating conversation with her to see how all of

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Speaker 1: this is really going coming up. We talked more policy

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Speaker 1: and politics. My name is Kevin Cirelli, and you're listening

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Speaker 1: to Bloomberg. You're listening to Bloomberg. Sound On with Kevin

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Speaker 1: Surreley on Bloomberg and one oh five point seven f

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Speaker 1: m h D two. I'm Kevin SURRELLI, Chief Washington correspondent

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Speaker 1: for Bloomberg TV and Radio. Let's kick off the week

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Speaker 1: with some optimism, shall we, Folks. Northam's open in the beaches.

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Speaker 1: Governor Ralph Northam, Democrat, opening the beaches. Well, you can't

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Speaker 1: do anything, but you can go some bathe and um okay,

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Speaker 1: I'll take it. President chi Jing Ping said China will

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Speaker 1: make any coronavirus vaccine universally available once it's developed. That

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Speaker 1: according to the Bloomberg terminal. But more importantly, Maderna showed

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Speaker 1: promising early signs that it can create an immune system

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Speaker 1: response in the body that could help fend off the

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Speaker 1: virus based on a small early human trial. Stock surged

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Speaker 1: surged on that news, and uh, the US case rise

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Speaker 1: is the lowest that it's been in two weeks and

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Speaker 1: there's vaccine hope. That's the big headline of today that

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Speaker 1: the US case rise, the increase in coronavirus cases is

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Speaker 1: the lowest that it has been in two weeks. And

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Speaker 1: of course there is that that hope for a vaccine

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Speaker 1: as well. UH cases in the US four point seven million,

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Speaker 1: and UH China faces angry world seeking virus answers at

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Speaker 1: the key World Health Organization meeting. We're gonna talk about

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Speaker 1: that with Joel Ruben coming up. He's a Democratic strategist

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Speaker 1: and a former Deputy Assistant Secretary for Legislative Affairs at

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Speaker 1: the State Department UM and I definitely want to ask

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Speaker 1: him about she at the at the World Health Organization,

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Speaker 1: but let's keep it domestic. And Boyd mathieson. He is

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Speaker 1: the former chief of staff for Senator Mike Lee. He

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Speaker 1: is an opinion editor of the Desirett News. Boyd, thanks

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Speaker 1: for coming on. Hey, great to be with you, Kevin,

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Speaker 1: Happy Monday, Happy Hey. You know what we've had worse

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Speaker 1: fundays in the pandemic. And I right, are you based

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Speaker 1: in DC or where are you're in Utah? Where in

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Speaker 1: Utah are you? Okay? I'm right downtown Sall Lake City.

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Speaker 1: So we are moving forward, things are opening up and

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Speaker 1: very very positive here in the state of Utah. Well,

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Speaker 1: let's let's go. Let's start in Utah, because every time

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Speaker 1: we have a guest on from out of the belt Way,

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Speaker 1: we want to know what it's like and what it's

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Speaker 1: like on the ground where they are. So tell us

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Speaker 1: about how Utah is handling this, how Salt Lake is

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Speaker 1: handling this. Uh and and uh and what's going on

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Speaker 1: in the ground. So so a couple of interesting things

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Speaker 1: in terms of Utah. Utah is one of the few

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Speaker 1: states that never did have a lockdown or you know,

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Speaker 1: sheltered place order coming from the governor. It was a

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Speaker 1: directive and it was you know, stay safe, stay smart,

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Speaker 1: stay at home, and the people. It's all about behavior.

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Speaker 1: So the behavior worked. We flattened the curves and and

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Speaker 1: things are very positive there. We also have, uh, you know,

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Speaker 1: a great economy going in the state of Utah, one

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Speaker 1: of the best in the country. Uh. And so we

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Speaker 1: were able to weather some of those things. Were also

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Speaker 1: one of the states, again a great laboratory of democracy. UH.

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Speaker 1: So we have a nice rainy day fund, balance the books,

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Speaker 1: and so there were funds available to help uh. Some

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Speaker 1: of those that were struggling. UH. And then it's so

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Speaker 1: we have a great pre market economy, we have strong

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Speaker 1: institutions of civil society. UH. That one just fascinating thing.

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Speaker 1: A combination group from UH, the i h C Help System,

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Speaker 1: University of Utah, Church of Jesus Christ of Saturday saying

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Speaker 1: they came together for the frontline healthcare workers, saying, okay,

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Speaker 1: we need we need masks for them, and they put

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Speaker 1: out a call that they were going to make five

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Speaker 1: million masks in five in five weeks. So you're talking

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Speaker 1: about ten thousand volunteers show up every Tuesday morning, they

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Speaker 1: pick up the supplies, they go home, they put them together,

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Speaker 1: they saw them together, they drop them off that Saturday,

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Speaker 1: and bam, you've got a million masks. No taxes, no

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Speaker 1: threats of government intervention, no mandate to do anything. Civil

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Speaker 1: society actually works. And and that's why Utah's economy is thriving.

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Speaker 1: It's why we're gonna we're best position to come out

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Speaker 1: of this was a strong international economy as well. UH.

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Speaker 1: And so a lot of positives here, challenges to be sure, um,

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Speaker 1: but this is a place that really shows that if

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Speaker 1: you let the laboratory of democracy work. The American people

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Speaker 1: know what to do. We gotta we gotta trust the

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Speaker 1: American people more and quit having Washington tell us to

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Speaker 1: trust them. Boyd Matheson's on the line. He's the former

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Speaker 1: chief of staff to Senator Mike Lee. He has an

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Speaker 1: opinion editor now at the Desirette News and he joins

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Speaker 1: us from Salt Lake in Salt Lake City in Utah. Uh. Boyd,

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Speaker 1: let's turn to well, first of all, just to put

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Speaker 1: an end note on that, it's gonna be interesting. I mean,

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Speaker 1: I think that the faith community in the country is

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Speaker 1: going to continue to be needed, especially when it comes

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Speaker 1: to education in the fall, because there's so as you know,

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Speaker 1: every school system across the country is having to grapple

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Speaker 1: with what to do based on the health data and

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Speaker 1: the numbers and the curves, and you know, hopefully there's

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Speaker 1: not a resurgence. But I mean, childcare is going to

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Speaker 1: be such an enormous issue come the fall. Uh, and

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Speaker 1: it's going to be something I think that's gonna be

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Speaker 1: on the radar and on the minds of a lot

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Speaker 1: of Americans, of every American. Yeah, yeah, you're you're absolutely right, Boyd.

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Speaker 1: Let's let's stick with I mean, what are you noticing.

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Speaker 1: I know you're out in a in a red state.

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Speaker 1: But as the contours of this race continue to intensify

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Speaker 1: between Biden and President Trump, what is the key differences?

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Speaker 1: And I don't want Republicans spen. I don't want Democrats spen.

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Speaker 1: But what are the key contours of the race of

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Speaker 1: how this pandemic has impacted election? Yeah, and I'm glad

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Speaker 1: you framed it that way, Kevin, because it really isn't

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Speaker 1: left or right. I think the American people are exhausted

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Speaker 1: by both of those. Uh So it's not about what

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Speaker 1: you're against. So if you're on the Democratic side of

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Speaker 1: the aisle, you just can't be against President Trump. That's

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Speaker 1: not going to get your victory in November. Uh And

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Speaker 1: obviously if you're on the Republican side, you can't just

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Speaker 1: go with the regular old talking points. There. There's an

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Speaker 1: increasing group, um that we've been identifying as the movable middle.

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Speaker 1: And these are not just independent are These are folks

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Speaker 1: who have either voted Democrats or voted Republican. They may

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Speaker 1: cross over, but they are disgusted with the process. But

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Speaker 1: here's the interesting thing, Kevin. The thing that will get

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Speaker 1: these people to engage is community upward mobility, opportunity, responsibility. Uh.

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Speaker 1: And so it's a very interesting subset of things that

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Speaker 1: they're saying. Hey, if you're gonna talk about these kinds

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Speaker 1: of things that I'm in, I want to be part

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Speaker 1: of that conversation. If you're gonna give me blue talking

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Speaker 1: points or red talking points, I've got no time for it.

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Speaker 1: I'm trying to keep my family rolling, keep my kids

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Speaker 1: that at home, and deal with some of these other generals.

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Speaker 1: You think all of these noise and all of the

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Speaker 1: all of the headlines, you know, coming out today, President

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Speaker 1: Trump says he's on hydroxy flora quinn um, you know.

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Speaker 1: And Biden obviously with what's he's been going from the

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Speaker 1: from the basement bunker camera shot. I mean, is that

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Speaker 1: really gonna play in uh? In in November or or

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Speaker 1: what do you think the fourth quarter closing line of

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Speaker 1: argument will become November? Yeah? I think the closing argument

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Speaker 1: is going to be a measure of competence. Uh. And

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Speaker 1: I think whoever can not say trust me, but I

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Speaker 1: trust you, the American people. I'm gonna trust you with

427
00:24:10,400 --> 00:24:13,000
Speaker 1: your tax money. I'm gonna trust you to make decisions

428
00:24:13,000 --> 00:24:15,280
Speaker 1: with your doctors, I'm gonna trust you with a way

429
00:24:15,280 --> 00:24:18,720
Speaker 1: to go at education. I think that trust component is

430
00:24:18,720 --> 00:24:21,520
Speaker 1: going to be the real critical thing. Surety government has

431
00:24:21,560 --> 00:24:25,119
Speaker 1: a role to play, but I know Americans across the

432
00:24:25,160 --> 00:24:29,280
Speaker 1: board are looking at three trillion here, board trillion there,

433
00:24:29,800 --> 00:24:32,280
Speaker 1: uh and watching that rack up with a lot of

434
00:24:32,320 --> 00:24:34,840
Speaker 1: nervousness because they know ultimately that's going to hurt the

435
00:24:34,880 --> 00:24:38,080
Speaker 1: poor and the most vulnerable the most uh. And so

436
00:24:38,119 --> 00:24:40,760
Speaker 1: the American people get that part of it because there's

437
00:24:40,760 --> 00:24:44,040
Speaker 1: that kind of gnawing thing in their gut that says, hey,

438
00:24:44,040 --> 00:24:47,000
Speaker 1: wait a minute, neither of those are right. And so

439
00:24:47,040 --> 00:24:50,040
Speaker 1: I think whoever makes the case for confidence in the

440
00:24:50,080 --> 00:24:52,879
Speaker 1: fall and gives people a reason, hey, this is what

441
00:24:52,920 --> 00:24:55,159
Speaker 1: we're for, here's where we're going. I think the one

442
00:24:55,200 --> 00:24:57,399
Speaker 1: thing that President Trump needs to do is he needs

443
00:24:57,400 --> 00:25:01,080
Speaker 1: to call the American people to something, uh, to to

444
00:25:01,200 --> 00:25:03,760
Speaker 1: move that forward. If you're looking at the Democrats, Joe

445
00:25:03,760 --> 00:25:06,000
Speaker 1: Biden has got to get a message not just that

446
00:25:06,040 --> 00:25:09,439
Speaker 1: we're against this administration, this is what we're for for

447
00:25:09,600 --> 00:25:13,960
Speaker 1: the American people. Whoever makes that case best is really

448
00:25:13,960 --> 00:25:16,000
Speaker 1: going to get the momentum I think rolling into the fall.

449
00:25:16,240 --> 00:25:20,399
Speaker 1: So so Biden, according to to uh the Pollar polls

450
00:25:20,400 --> 00:25:23,760
Speaker 1: on real clear politics, he's up about six percentage points.

451
00:25:23,760 --> 00:25:26,879
Speaker 1: That's you know, Harvard Harris has a pullout. Biden's up

452
00:25:26,880 --> 00:25:29,600
Speaker 1: six nationally in a general election. If you look at

453
00:25:29,600 --> 00:25:32,159
Speaker 1: say it's like Arizona, Wisconsin, and Michigan, he's he's you know,

454
00:25:32,680 --> 00:25:35,639
Speaker 1: three points up. That's obviously a very close race. But

455
00:25:35,680 --> 00:25:37,639
Speaker 1: why do you think that is? Because the country hasn't

456
00:25:37,640 --> 00:25:39,840
Speaker 1: seen They've seen more of Obama this weekend than they

457
00:25:39,880 --> 00:25:43,520
Speaker 1: saw Biden. Yeah, and I think that's actually helping Joe

458
00:25:43,560 --> 00:25:48,120
Speaker 1: Biden because the less time he spends on big stages

459
00:25:48,280 --> 00:25:51,600
Speaker 1: or in really hard interviews, I think that's to his advantage.

460
00:25:51,600 --> 00:25:53,640
Speaker 1: That's not his strength, that's not where he's gonna play

461
00:25:53,800 --> 00:25:56,639
Speaker 1: the best. That's where he's most likely to commit a

462
00:25:56,680 --> 00:26:00,280
Speaker 1: gaff of some sort or another. Uh. And And there

463
00:26:00,359 --> 00:26:02,239
Speaker 1: is you know, I mean President Obama can get on

464
00:26:02,520 --> 00:26:07,000
Speaker 1: the screen and deliver a killer uh speech to graduates

465
00:26:07,000 --> 00:26:09,960
Speaker 1: and it sounds good, and that's helpful and that's hopeful.

466
00:26:10,440 --> 00:26:12,560
Speaker 1: And so I think that's actually you know, benefits Joe

467
00:26:12,600 --> 00:26:15,280
Speaker 1: Biden in the end. I don't think that's a sustainable

468
00:26:15,320 --> 00:26:18,439
Speaker 1: model for the Biden campaign. And Obviously, whoever he chooses

469
00:26:18,440 --> 00:26:21,360
Speaker 1: as the vice president is gonna have a big role

470
00:26:21,440 --> 00:26:24,320
Speaker 1: to play in terms of assuming that part of the role.

471
00:26:24,640 --> 00:26:26,879
Speaker 1: All right, boy Matthison, thanks so much for coming on.

472
00:26:26,960 --> 00:26:30,280
Speaker 1: He's the cheapest staff for former cheapest staff for Senator

473
00:26:30,320 --> 00:26:34,199
Speaker 1: Mike Lee. How's Senator Lee doing? He's doing great. Just

474
00:26:34,240 --> 00:26:36,880
Speaker 1: to connected with him over the weekend, and uh, he

475
00:26:37,080 --> 00:26:40,320
Speaker 1: got some important things past last week in terms of surveillance,

476
00:26:40,440 --> 00:26:42,480
Speaker 1: and now I think he's gonna try to get everyone's

477
00:26:42,520 --> 00:26:46,040
Speaker 1: attention as it relates to debts and deficits. I would

478
00:26:46,119 --> 00:26:47,960
Speaker 1: I would he tell him to call in. We would

479
00:26:48,119 --> 00:26:51,239
Speaker 1: gladly hear from Senator Lee. That's boy Mathison. He's an

480
00:26:51,240 --> 00:26:54,240
Speaker 1: opinion editor Desert of the desirette News. Coming up, we

481
00:26:54,400 --> 00:27:03,120
Speaker 1: talk about China, China. You're listening Gloomberg nine one. This

482
00:27:03,520 --> 00:27:08,760
Speaker 1: is Bloomberg Sound On with Kevin Shirl on Bloomberg and

483
00:27:08,800 --> 00:27:13,760
Speaker 1: one oh five point seven h D two. That's Aspect,

484
00:27:13,840 --> 00:27:18,240
Speaker 1: really great song. I'm Kevin CURRELI cheap Watchington correspondent for

485
00:27:18,400 --> 00:27:21,200
Speaker 1: Bloomberg Television and for Bloomberg Radio. I have not seen

486
00:27:21,240 --> 00:27:25,320
Speaker 1: the finale, folks of the Michael Jordan's Thing I'm watching

487
00:27:25,320 --> 00:27:28,800
Speaker 1: it tonight and I'm very excited. I finally got caught up.

488
00:27:28,800 --> 00:27:30,760
Speaker 1: I don't want it to end. I don't want it

489
00:27:30,800 --> 00:27:32,960
Speaker 1: to end. I have so many thoughts. I could I

490
00:27:33,000 --> 00:27:35,679
Speaker 1: could do a whole hour on my thoughts on on

491
00:27:35,760 --> 00:27:38,320
Speaker 1: Michael Jordan's, but we're not because we're gonna keep it focused, right,

492
00:27:38,400 --> 00:27:42,200
Speaker 1: Christine Barrata, our executive producer of All Thanks Bloomberg Radio

493
00:27:42,640 --> 00:27:46,680
Speaker 1: Sound On. We're gonna stay on track. However, I think

494
00:27:46,720 --> 00:27:51,080
Speaker 1: Michael Jordan's image is going to be It'll be interesting

495
00:27:51,119 --> 00:27:52,760
Speaker 1: to see. I will be a reporter, I will not

496
00:27:52,800 --> 00:27:55,640
Speaker 1: take a position. It will be interesting to see how

497
00:27:55,720 --> 00:28:00,119
Speaker 1: Michael Jordan's image stays the same, does not change. J

498
00:28:00,280 --> 00:28:02,800
Speaker 1: is We don't know, We don't know. I do wish

499
00:28:02,800 --> 00:28:05,720
Speaker 1: that the ESPN documentary was a little bit longer because

500
00:28:05,720 --> 00:28:09,280
Speaker 1: I want to know more about the gambling stuff. Joel

501
00:28:09,359 --> 00:28:12,040
Speaker 1: Rubens on the line. He's a democratic strategist, former Deputy

502
00:28:12,080 --> 00:28:16,080
Speaker 1: Assistant Secretary for Legislative Affairs at the State Department. Joel,

503
00:28:16,320 --> 00:28:20,119
Speaker 1: have you watched the Michael Jordan thing on ESPN? O Kevin.

504
00:28:20,160 --> 00:28:22,400
Speaker 1: I grew up watching Michael Jordan's, so I've had had

505
00:28:22,480 --> 00:28:27,320
Speaker 1: my fill well, I I was like a toddler when

506
00:28:27,320 --> 00:28:30,840
Speaker 1: he was in his heyday. Uh. And I mean I

507
00:28:30,840 --> 00:28:33,439
Speaker 1: remember Space Jim. Who doesn't remember Space Jim? Right? I mean,

508
00:28:34,280 --> 00:28:37,280
Speaker 1: but but I will say to you, Joel, I didn't

509
00:28:37,320 --> 00:28:40,920
Speaker 1: know anything of these scandals that were going on. You know.

510
00:28:41,040 --> 00:28:42,960
Speaker 1: I just was like, oh, it's Michael Jordan and Jordan

511
00:28:43,040 --> 00:28:46,000
Speaker 1: he you know, dunks and jumps high. And but I

512
00:28:46,040 --> 00:28:50,000
Speaker 1: had no idea about the you know, the gambling for example,

513
00:28:50,080 --> 00:28:53,800
Speaker 1: It's amazing, it's really well done. Uh. You know when

514
00:28:53,840 --> 00:28:57,640
Speaker 1: a pollen threw him out of Washington in the Wizards

515
00:28:57,720 --> 00:28:59,520
Speaker 1: his last two years. I don't think they're covering that

516
00:28:59,640 --> 00:29:01,560
Speaker 1: in here, but that was the bad. No. I don't

517
00:29:01,560 --> 00:29:04,240
Speaker 1: think they are either. But I've got one more episode left,

518
00:29:04,320 --> 00:29:07,480
Speaker 1: so no spoilers. Okay, So She Jing Ping did you

519
00:29:07,520 --> 00:29:10,800
Speaker 1: see this, Joel? She Jing Ping of China, the Communist

520
00:29:10,840 --> 00:29:15,360
Speaker 1: Party of China. They he addressed the World Health Organization,

521
00:29:16,000 --> 00:29:18,760
Speaker 1: and you know, he's got a lot of questions, a

522
00:29:18,800 --> 00:29:23,000
Speaker 1: lot of questions in terms of what exactly is going

523
00:29:23,160 --> 00:29:25,920
Speaker 1: to uh, how this is going to play out. And

524
00:29:26,000 --> 00:29:27,800
Speaker 1: I'm curious for your take. I mean, did you follow

525
00:29:27,840 --> 00:29:31,280
Speaker 1: that today? Yeah? I did? And Kevin is like a

526
00:29:31,320 --> 00:29:34,840
Speaker 1: textbook example about how to give the high grounds to

527
00:29:34,840 --> 00:29:39,200
Speaker 1: your adversaries. What we just witnessed, she himping. China has

528
00:29:39,240 --> 00:29:41,920
Speaker 1: a lot to account for. And basically, by Donald Trump

529
00:29:41,960 --> 00:29:45,080
Speaker 1: walking away from the World Health Organization, he's allowed you

530
00:29:45,360 --> 00:29:48,800
Speaker 1: to set the stage and take control and look like

531
00:29:48,840 --> 00:29:52,479
Speaker 1: a real global leader. And um, it's it's not going

532
00:29:52,520 --> 00:29:55,400
Speaker 1: to get us answers we want or the standing we want. Okay,

533
00:29:55,400 --> 00:29:58,640
Speaker 1: so China pledges two billion dollars to help fight the coronavirus.

534
00:29:58,760 --> 00:30:01,080
Speaker 1: You're saying you think President and Trump should have showed up.

535
00:30:01,080 --> 00:30:03,280
Speaker 1: I mean to be honest, though, I mean I think

536
00:30:03,320 --> 00:30:05,440
Speaker 1: a lot of countries in Europe or you would know better.

537
00:30:05,600 --> 00:30:07,280
Speaker 1: Do you think a lot of countries in Europe are

538
00:30:07,320 --> 00:30:10,320
Speaker 1: starting to wake up that China wasn't so transparent with

539
00:30:10,360 --> 00:30:13,560
Speaker 1: this thing? Oh? Absolutely, there there's a real there's a

540
00:30:13,560 --> 00:30:16,160
Speaker 1: real problem there, without a doubt. But when the US

541
00:30:16,240 --> 00:30:18,520
Speaker 1: doesn't show up and say, hey, we're gonna be part

542
00:30:18,600 --> 00:30:21,760
Speaker 1: of fixing this, we basically leave our allies on their

543
00:30:21,800 --> 00:30:24,400
Speaker 1: own and at the mercy of China in this case,

544
00:30:24,480 --> 00:30:27,120
Speaker 1: and so it's a it's a real problem for American

545
00:30:27,120 --> 00:30:30,080
Speaker 1: global leadership. No one should doubt that China played a

546
00:30:30,160 --> 00:30:32,440
Speaker 1: role at the beginning. How much, of course, I do

547
00:30:32,600 --> 00:30:35,720
Speaker 1: debate because I think President Trump's using it for domestic politics.

548
00:30:35,960 --> 00:30:38,040
Speaker 1: But all that aside, the rest of the world wants

549
00:30:38,120 --> 00:30:40,440
Speaker 1: us at the table to lead in the response and

550
00:30:40,560 --> 00:30:43,440
Speaker 1: fixing the w H Show's issues, not allowing China to

551
00:30:43,520 --> 00:30:47,520
Speaker 1: take control as a VGM. Okay, So I Joel Rubens

552
00:30:47,560 --> 00:30:49,880
Speaker 1: on the line. He's the former deputy Assistant Secretary for

553
00:30:49,960 --> 00:30:53,160
Speaker 1: Legislative Affairs at the at the at the State's Department.

554
00:30:53,360 --> 00:30:57,760
Speaker 1: He's a democratic strategist. Let's leave Republican and Democrat out

555
00:30:57,760 --> 00:31:00,280
Speaker 1: of this for a second, and let's just specific thically

556
00:31:00,320 --> 00:31:04,120
Speaker 1: focus on China and specifically focus on the World Health Organization.

557
00:31:05,080 --> 00:31:09,200
Speaker 1: What exactly how does the World Health Organization need to

558
00:31:09,280 --> 00:31:13,840
Speaker 1: be remade because China's into I mean, it's it's nonpartisan statement.

559
00:31:14,280 --> 00:31:18,520
Speaker 1: China's impact on the World Health Organization has been uh,

560
00:31:19,040 --> 00:31:24,120
Speaker 1: very much overstated, so very much in the thick of things,

561
00:31:24,160 --> 00:31:25,760
Speaker 1: so to speak. So what needs to change at the

562
00:31:25,800 --> 00:31:31,400
Speaker 1: World Health Organization? Joel? In order to provide for more transparency. Yeah,

563
00:31:31,440 --> 00:31:33,480
Speaker 1: I think what we need to do is we need

564
00:31:33,520 --> 00:31:36,360
Speaker 1: to ensure the w H Show is in its early

565
00:31:36,400 --> 00:31:39,760
Speaker 1: warning systems when it catches the pandemic, that it has

566
00:31:39,920 --> 00:31:44,000
Speaker 1: total freedom to communicate that to the outside world. And

567
00:31:45,240 --> 00:31:48,520
Speaker 1: there were alarm bells going off early and early enough,

568
00:31:49,000 --> 00:31:51,400
Speaker 1: but not as early as there should have been. And

569
00:31:51,480 --> 00:31:53,760
Speaker 1: the w H Show needs to be able to get

570
00:31:53,840 --> 00:31:58,560
Speaker 1: in and identify the virus in this case, identify get

571
00:31:58,640 --> 00:32:02,680
Speaker 1: sample so we can help get to vaccines and other

572
00:32:02,800 --> 00:32:07,120
Speaker 1: treatments quickly. That's the real problem. And so structurally the

573
00:32:07,240 --> 00:32:09,320
Speaker 1: w A Show, it's part of the international system of

574
00:32:09,320 --> 00:32:13,400
Speaker 1: bodies that are always flawed. But as the saying goes,

575
00:32:13,720 --> 00:32:15,760
Speaker 1: if you didn't have you'd have to create it. We

576
00:32:15,760 --> 00:32:18,520
Speaker 1: we have to have the international entity that deals with

577
00:32:18,560 --> 00:32:21,959
Speaker 1: global health, and we have to make sure it's transparent

578
00:32:22,000 --> 00:32:24,840
Speaker 1: that everybody at the table is getting what they need.

579
00:32:24,920 --> 00:32:27,120
Speaker 1: I think that's where the concern is here from the

580
00:32:27,200 --> 00:32:30,040
Speaker 1: U S side and by PARTI isan concern. The question

581
00:32:30,160 --> 00:32:32,400
Speaker 1: is is how do we get that information out and

582
00:32:32,440 --> 00:32:34,360
Speaker 1: how do we show the w A Show doesn't work

583
00:32:34,440 --> 00:32:37,640
Speaker 1: better the next time. But I will say we have

584
00:32:37,760 --> 00:32:39,480
Speaker 1: walked away from the w H Show, and we were

585
00:32:39,520 --> 00:32:44,080
Speaker 1: walking away from many international organs because you made that point,

586
00:32:44,080 --> 00:32:45,200
Speaker 1: and I want to I want to keep I want

587
00:32:45,200 --> 00:32:46,640
Speaker 1: to make because you use so much knowledge and I

588
00:32:46,640 --> 00:32:47,880
Speaker 1: want to get it. I want to get it out

589
00:32:47,920 --> 00:32:52,320
Speaker 1: of you, which is how do we But if China

590
00:32:52,440 --> 00:32:54,640
Speaker 1: is it's one thing for Shu Pain to give a

591
00:32:54,760 --> 00:32:57,920
Speaker 1: video conference call, glorified video conference call, and say yeah,

592
00:32:57,920 --> 00:33:00,000
Speaker 1: here's two billion bucks and I'm gonna throw this money

593
00:33:00,080 --> 00:33:02,560
Speaker 1: and help with the vaccine. But why wasn't he transparent

594
00:33:02,560 --> 00:33:05,880
Speaker 1: about the information? And that is a fatal flawing, an

595
00:33:05,920 --> 00:33:08,720
Speaker 1: economic one and a health one. Uh from the World

596
00:33:08,720 --> 00:33:12,320
Speaker 1: Health Organization. It's I mean, if the countries are not

597
00:33:12,360 --> 00:33:15,080
Speaker 1: going to be transparent about the data, then the World

598
00:33:15,080 --> 00:33:18,040
Speaker 1: Health Organization is what is the what is the use

599
00:33:18,040 --> 00:33:21,640
Speaker 1: of it? Well, I don't think this vhhow was hiding?

600
00:33:21,680 --> 00:33:26,440
Speaker 1: I think that China was was China hiding? So that

601
00:33:26,560 --> 00:33:28,760
Speaker 1: how do we correct course? Because it's it's it's one

602
00:33:28,760 --> 00:33:31,200
Speaker 1: thing to say, here's the cash, here's two billion dollars,

603
00:33:31,280 --> 00:33:33,320
Speaker 1: let's throw money at this thing. But how do we

604
00:33:33,440 --> 00:33:38,560
Speaker 1: correct course so that Shijingping doesn't hide data again in

605
00:33:38,600 --> 00:33:43,160
Speaker 1: the case of another pandemic. We're always we're always trying

606
00:33:43,160 --> 00:33:46,600
Speaker 1: to figure out how to get information out of countries

607
00:33:46,600 --> 00:33:48,560
Speaker 1: and out of our adversaries. There's no doubt about it.

608
00:33:48,600 --> 00:33:51,640
Speaker 1: But we cut our staff in China, sitting at the

609
00:33:51,680 --> 00:33:55,360
Speaker 1: actual lab that now the Trump administration is blaming cut

610
00:33:55,360 --> 00:33:58,120
Speaker 1: it by two thirds of our CDC staff. So we

611
00:33:58,160 --> 00:34:01,240
Speaker 1: need to engage, engage, engaged, need to flood the zone

612
00:34:01,520 --> 00:34:04,320
Speaker 1: with intellectual support. Bill Gates has said this time and

613
00:34:04,360 --> 00:34:07,360
Speaker 1: again as well. We need to be providing funding. We

614
00:34:07,400 --> 00:34:10,040
Speaker 1: need to have the votes at the table to ensure

615
00:34:10,120 --> 00:34:12,719
Speaker 1: that the doors are open. So China right now they

616
00:34:12,719 --> 00:34:14,480
Speaker 1: can put two billion on the table and they can

617
00:34:14,480 --> 00:34:16,160
Speaker 1: say we're going to take the lead in the votes,

618
00:34:16,440 --> 00:34:19,680
Speaker 1: We're actually going to require a bigger filter before information

619
00:34:19,719 --> 00:34:22,560
Speaker 1: gets out. I just find this fascinating because Okay, I

620
00:34:22,600 --> 00:34:24,400
Speaker 1: hear you what you just said. There was bolster the

621
00:34:24,960 --> 00:34:28,600
Speaker 1: staff in China, Bolster you know, the people on the

622
00:34:28,640 --> 00:34:31,880
Speaker 1: ground in China. Okay, that's one thing. But my question

623
00:34:31,880 --> 00:34:33,960
Speaker 1: that I still can't wrap my head around Joel Reuben,

624
00:34:34,000 --> 00:34:36,480
Speaker 1: and it's really bothered me for because I don't hear

625
00:34:36,520 --> 00:34:39,799
Speaker 1: anyone giving a clear answer on this is how if

626
00:34:40,160 --> 00:34:43,120
Speaker 1: she Jing Ping is not going to be transparent about

627
00:34:43,160 --> 00:34:46,800
Speaker 1: this data, about this information, and I think it's gonna

628
00:34:46,800 --> 00:34:49,160
Speaker 1: be something that Joe Biden has to answer and President

629
00:34:49,160 --> 00:34:51,640
Speaker 1: Trump has to answer, which is how will you make

630
00:34:51,719 --> 00:34:55,360
Speaker 1: China more transparent? In the case, it is how do

631
00:34:55,440 --> 00:34:57,839
Speaker 1: you how do you turn the country into perfect? Look

632
00:34:57,920 --> 00:35:01,200
Speaker 1: China's dictatorship. I was think in a year ago there

633
00:35:01,200 --> 00:35:04,799
Speaker 1: are serious, significant flaws there. But it's quite possible that

634
00:35:04,840 --> 00:35:09,000
Speaker 1: the information coming out of Wuhan and into the into

635
00:35:09,040 --> 00:35:11,600
Speaker 1: the w show in the early days state in Wuhan,

636
00:35:11,640 --> 00:35:14,400
Speaker 1: it didn't even get to Beijing. These are issues I

637
00:35:14,480 --> 00:35:17,600
Speaker 1: totally agree we have to address. We can't allow these

638
00:35:17,600 --> 00:35:20,040
Speaker 1: failures to happen again. And the only way to do

639
00:35:20,040 --> 00:35:21,600
Speaker 1: that is to have a seat at the table. That's

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00:35:21,600 --> 00:35:25,280
Speaker 1: what I'm arguing. But we do need the pattern trates

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Speaker 1: in the sense of to what the failure was to

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Speaker 1: remedy the problem. But no, China is not a clean

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Speaker 1: actor in this, but they're also not the whole cause

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Speaker 1: of the problems here is domestically, that's for sure. Joe Reuben,

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Speaker 1: you know it's been a while since you've been on.

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Speaker 1: I really appreciate this conversation. Democratic strategist Joel Ruben, former

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Speaker 1: Deputy Assistant Secretary for Legislative Affairs at the at the

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Speaker 1: State's Department. I mean it's such an important conversation because

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Speaker 1: here's Si jing Ping, you know, doing like a glorified

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Speaker 1: zoom for the World Health Organization. Oh, here's two billion dollars.

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Speaker 1: But still no one has been able I mean John,

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Speaker 1: and you just put some concrete proposals right there the table.

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Speaker 1: No one really is talking about what has to happen

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Speaker 1: in order to get China, which, by the way, Democrats,

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Speaker 1: republic or eighties something of Republicans, according to Morning Consoled,

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Speaker 1: have a lot of tough questions for China. So it's

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Speaker 1: a it's really turned into a non part as an

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Speaker 1: issue asking these questions to China. My name is Kevin's

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Speaker 1: really much more tomorrow. I'm the chief Washington course monitor

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Speaker 1: for Bloomberg TV and for Bloomberg Radio. And you're listening

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Speaker 1: to Bloomberg at nine one